The radars industry comprises establishments primarily engaged in manufacturing radars for both civil and military purposes. Examples include air defense radars and air traffic control radars.
The global passenger car market was valued at $1622 billion in 2017. Asia Pacific was the largest geographic region accounting for $611.5 billion or 0.4% of the global market. China was the largest country accounting for $334.1 billion or 0.2% of the global passenger car market.
New technological advances in the radars are enhancing capabilities and decreasing the manufacturing costs. Gallium nitride (GaN) power transistors, active electronically steered array (AESA) antennas and low noise amplifiers (LNA) are increasingly being used in the radars to increase frequency, reduce maintenance costs, failure rates and size and weight.
Companies Covered: Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Company, Thales Group, BAE Systems PLC
Market Segments Included: Civil Radars; Military Radars
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